The Zumper D.C. Metro Report analyzed active listings in January 2019 across 8 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The state median one bedroom Rent was $1,498.
Cities Ranked By Rent
The Most Expensive
–Bethesda, MD rent dropped $10 $2,290 but remained the priciest in the metro.
–Reston, VA was the second most expensive with rent at $2,180.
–Washington D.C. moved up one spot, and past Arlington, to rank in the top 3 markets again with rent growing $30 to $2,130.
The Least Expensive
–Frederick, MD saw rent decrease $10 to $1,190 and continue to rank as the most affordable city.
–Silver Spring, MD rent was the second least expensive at $1,630.
–Alexandria, VA dropped below Rockville to rank in the cheapest 3 markets with rent falling $20 to $1,750.
Growth Rate
The Fastest Growing (Y/Y%)
–Reston, VA had the fastest growing rent, up 11.8% since this time last year.
–Bethesda, MD rent had the second largest year over year growth rate, climbing 8%.
Full Data
| | 1 Bedroom | | | 2 Bedrooms | | |
---|
Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
1 | Bethesda | $2,290 | -0.40% | 8.00% | $3,070 | -2.80% | -1.00% |
2 | Reston | $2,180 | -0.50% | 11.80% | $2,660 | 0.00% | 9.50% |
3 | Washington | $2,130 | 1.40% | -6.60% | $2,650 | 0.40% | -10.20% |
4 | Arlington | $2,120 | -1.40% | -1.40% | $2,690 | 2.70% | -3.90% |
5 | Rockville | $1,760 | 0.60% | 2.90% | $2,110 | 1.90% | 0.50% |
6 | Alexandria | $1,720 | -2.30% | 2.40% | $2,020 | 1.50% | -0.50% |
7 | Silver Spring | $1,630 | -0.60% | -4.10% | $2,030 | 2.50% | 0.50% |
8 | Frederick | $1,190 | -0.80% | 5.30% | $1,350 | -0.70% | 3.80% |
About
The Zumper D.C. Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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The post Washington D.C. Metro Report: February 2019 appeared first on The Zumper Blog.